OBJECT
OF THE CHARITY
(registered no 310090)
(1)
The object of the charity is for the public benefit, the promotion
of education, including social and physical education, of beneficiaries
by any or all of the following means:
(a) assisting the Governors of the schools of the Foundation*
to meet their respective obligations under the Education Acts,
with respect to the alterations, improvements and maintenance
of those schools;
(b) assisting the Governors of any other school in the area of
benefit in which religious instruction is given in accordance
with the doctrines of the Church of England, to meet their obligations
under the Education Acts, with respect to the alterations, improvements
and maintenance of that school;
(c) providing financial assistance to beneficiaries who are in
need, to assist them to go on to further education or to enter
into a profession, service, trade or calling while attending or
on leaving school, university or other educational institution.
(d) in promoting the education, including social and physical
training, of children and young persons resident in the area of
benefit.
(2)
In applying the income of the charity under this clause the trustees
shall give preference, firstly to the schools of the Foundation*
and secondly, to beneficiaries resident in the parishes of Timberscombe
and Cutcombe and in that part of the parish of Selworthy known
as East Lynch.
The above is
taken from the Charity Commission’s document dated 17 August
2009, setting out the governance of the charity. That document
also states that the trustees may exercise their power to make
rules and regulations consistent with this scheme for the management
of the charity.
The beneficiaries are children and young people under the age
of 25 living in the area of benefit.
* The
schools of the Foundation are Cutcombe Church of England Voluntary
Aided First School and Timberscombe Church of England Voluntary
Aided First School |